![]() To conduct the study, data are gathered from World Bank, International Monetary Fund, and State Statistical Office of Macedonia, for the country over a period of seventeen years from 1998-2014. The main purpose of this study is to analyze the effect of FDI on the level of GDP in Macedonia. In the last two decades, Macedonia has been one of the main receivers of FDI, compared to other countries from Central and Eastern Europe. A lot of research has been going on regarding FDI on a world scale which issue is already documented, however further information is needed in order to have a better understanding about FDI in the Balkan Region and particularly in Macedonia. Various studies in the world and mainly on European developing countries show that FDI plays an important role in creating new employment positions in host countries. The Benchmark Definition provides: a single point of reference for compilers and users of FDI statistics clear guidance for individual countries compiling direct investment statistics as they. For this reason it has a major effect on the country’s financial development and employment increase. World Bank Group - FYR Macedonia Partnership Country Program Snapshot April 2015.įoreign direct investment FDI is one of the most important international factors in relation with money movements.WB, International Finance Corporation, 2013.Investment Policy Review, the Former Yugoslav Republic of Macedonia. OECD (2008), OECD Benchmark Definition of Foreign Direct Investment, Fourth edition, OECD Publishing.National Bank of the Republic of Macedonia, 2013. ![]() Selected Issues for Former Yugoslav Republic of Macedonia, pp.15-27. Foreign Direct Investments, Nova Sciences Publishers, pp.85- 121. “Foreign Investment in East Asia: A Survey,” Asian-Pacific Economic Literature, Asia Pacific School of Economics and Government, The Australian National University, vol.12(2), p.23-50, November. Hal Hill and Prema-chandra Athukorala, 1998.An Intellectual History of UNCTAD 1964-2004, New York and Geneva: United Nations, pp. Foreign Direct Investment and Transnational Corporations, in UNCTAD, Beyond Conventional Wisdom in Development Policy. Fredriksson, Torbjörn and Zbigniew Zimny, 2004.Acquisition Versus Greenfield Foreign Entry: Diversification Mode Choice in Central and Eastern Europe. To conduct the study, data are gathered from World Bank, International Monetary Fund, and State Statistical Office of Macedonia, for the country over a period of seventeen years from 1998-2014 Various studies in the world and mainly on European developing countries show that FDI plays an important role in creating new employment positions in host countries. This indicator is measured in USD millions.Foreign direct investment FDI is one of the most important international factors in relation with money movements. SPEs do not exist or are not significant in Australia, the Czech Republic, Finland, France, Germany, Greece, Israel, Italy, Japan, Latvia, Lithuania, New Zealand, the Slovak Republic, Slovenia, Turkey and the United States. Resident Special Purpose Entities (SPEs) are excluded for Austria, Belgium, Denmark, Hungary, Iceland, Mexico, the Netherlands, Norway, Poland and Portugal. It is shown for a restricted list of nine ISIC4 industries while the source database includes outward FDI flows for 84 ISIC4 industries. ![]() It represents transactions that increase the investment that investors in the reporting economy have in enterprises resident abroad less any transactions that decrease the investment that investors in the reporting economy have in enterprises resident abroad, for a specific industry. Outward Foreign Direct Investment (FDI) flows by industry record the value of cross-border direct investment transactions from the reporting economy during a year, by industry sector. ![]()
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